Who here suffering from crippling anxiety and depression from unrealized gains?

That boomer when I need to uninstall the fucking blockfolio because I have there alerts for dips and it keeps me waking up at night. The first thing everyday i check Bitcoin price and in genneral I cannot get off satoshi wild ride.

damn dude, well some solace is you make me feel better about losing 1k while making minimum wage at 29.

=\

Wanted to surprise my parents with a trip this year with my crypto gains.

Well, it's all gone now...

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Damn bro I feel very bad for you. I made about 250k from crypto and I can't imagine what I'd feel like if I lost that much. There's nothing motivational I can tell you so I'm just gonna wish you well, I hope you can still make it somehow. You're situation is my absolute nightmare and it literally sent shivers in my spine when I read your post. Fuck.

just get on the fucking benzos m8 and have the discipline to go easy on them

then have some patience and get all the money you can and start shovelling it into BTC

I can't stop checking delta. I don't even have the self control to stop looking at the markets. I know I'll abuse the fuck out of any controlled substance prescribed to me, especially when I'm depressed like this.

Don't worry user, believe in crypto.
Don't lose faith, your patience will be rewarded

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Is this /larpg/?

Womp womp.

w-wwhat anime?

iktf user, I'm also down a life changing amount, but there's really nothing we can do...selling now is probably even worse, so try to take this as a learning experience and move on, hopefully we'll get another bullrun...I know it seems impossible, but there's really nothing we can do...

>buy extremely unstable bubble worthless internet money

>wah poor me now its worth 25% of what it used to be

shut the fuck up user, play stupid games win stupid prizes

What hentai is this

Smoke WEED

my 7k is now worth 2k. I couldve cashed out 30k at the peak...

getting out of bed is a strugge

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I actually did a google search and it's temptation ep 2.

>muh bubble
>muh crypto is worthless
>muh shiny minerals

this guy certainly is.

Thanks but wished it has some yuri in it

Nigga please, I'm down $300,000 from my ATH of $400,000 and I ain't even worried

>be poor neet in a poor cunt
>make 1000%
>crypto turns into 90% of your total money
>"I will make it, I will be able to fap and play games all day without worrying about the future, just one more 2x, please"
>crash
>only 50% up

FUCK CRYPTO, IT GAVE ME SO MANY HOPES AND IT CRUSHED IT ALL.

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>still up from initial
>cashed out 30k at ATH and paid off some debt

This has to be a troll. Most december bagholders are like 50% initial at this point. Still being over initial and having paid off some debt to boot is a good fucking position to be in. I know your lizard brain just sees the red candles and spergs out, but objectively you've done much better in this time frame than holding cash or even high-yield index funds. So chill the fuck out already.

I'd sacrifice a child to be 'just' at initial investment right now.

If you can't handle these types of losses then this market isn't for you. Get over yourselves you pathetic cucks.

not saying it's worthless, but don't gloat around about how well off you are if you aren't selling. Anyone who held after 10k and got fucked deserves those losses you had 3 months to sell for insane gains but you're millenial greed overtook you

Iktf OP, literally same situation.

lost 50% on my first ever investment on crypto at the beginning of the month, I feel nothing though because I followed the golden rule:
>whatever you invest is burnt cash, never invest what you can't afford to lose.
feels so comfy here. Oh and Mr. Shekelberg already paid me yesterday.

>I told my family I was going to be a millionaire this year and now they're laughing at me.
Probably dont do stuff like that.
>tell em you believe in a project and you are being active in their community and buying a little coins here and there and think it has the potential to do well
dont tell them you are gonna be a millionaire especially if theyre a wagecuck

its just money bro

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SHUT UP.

I know what you mean. I had almost 350K at ATH and now it's close to 40K. I owe 45K to the IRS because literally on 12/31 I made a taxable event chasing a moon mission and it crashed the following month.

It sucks a lot. But I've come to realize that being in crypto this past year, I have addictive tendencies. Porn addiction, I was fucking hookers, food, etc. I was always chasing the next high, and it wasn't enough.

This week I took a few days off where I didn't check anything and pretended that it didn't exist, and I felt human again.

In all honesty, even if I did cash out, I probably would have blown a lot of that money on dumb shit.

The fact that you are acting this way over past regret means you probably wouldn't have been responsible with it anyway.

I feel like the true "victors" in this game are those that can buy some promising crypto, and not worry about it so much as they go on about their life. Couple years later, it went up and they sell.

Those that did that with BTC or ETH are doing alright. They made a shitload of money and it didn't fuck them up. If you are like me, for the past year, it's been crypto nonstop 24/7, and it gets fucking exhausting.

You got to let it go man. You, me, and thousands to hundreds of thousands are in the same boat. We all wish we sold but I mean the past is the past. If this is fucking you up, maybe you should truly walk away from this for a while or for good. Even if you sold, then what? You'd still probably put half of that in for it to crash again. Then you'd still be tripping up about that too. You're not going to walk away happy with a bunch of money. You would have gotten a huge high and do the same for the next one.You always will, it's not the crypto, it's your addictive personality.

You gotta figure that out man. Walk away from it all and start from scratch and be a human again: nature, exercise, etc. If you ignore this and continue then you're simply an addict.

I'm in the same boat as you fuckers. I'm probably down about $100k from initial and $300k from ATH. I'm not selling but I am worried about my allocation. I can't decide if I should just throw almost everything into BTC with a little ETH and maybe BCH, or if I should have a more diverse spread with some riskier alts. What do you guys think?

OP here. I also was using hookers and eating far too much when at the peak of my drug addiction. Kind of made me realize I had hit bottom after I did some blow with a hooker, we fucked for a few hours, I drove her to buy more blow, we then do more blow, and then she asks if I mind if she shoots up.

In hindsight id rather be here sitting on 45k crypto than in a nasty motel with a druggy whore.

Tbh, I would have been a good Steward of the money, paying off debts and whatnot. I am an addict, but am also smart and have an engineering job and have never had long periods of unemployment.

We found a new addiction, and honestly I think this feels worse than coming down from a 4 day meth binge.

Regardless, I want to be healthy and I feel even more mentally unwell than at the height of my alcoholism / addiction.

Vechain. Your savior.

heh I had to pay the IRS 85k, I barely had enough to cover it. used like 90% of my entire portfolio to pay the IRS because of my losses in Jan / Feb

>paying taxes even after you lost
how the fuck does that even work? I thought you are supposed to pay on the realized gains. Unless you actually reinvested the tax money from the realized gains themselves.

I made money in 2017 and lost money in 2018. lol some of the boomers in here who don't understand how this work are going to get super fucked if they traded on any exchange which has USD pairing.

Jesus christ you have 660k money and you feel bad? Take a step back, cash that shit out and go travel the world for a while. Come back and continue cryptos if you wish.

Lol you're a fucking asshole. OP here again. I fucking bought a Vethor X node it $35000 earlier this year. It's worth $14595 as of now. Stop shilling your chink scam asshole.

Soon you'll learn to accept the reality that your money is gone forever and you'll never /makeit/. Try to find enjoyment out of life from something else. Crypto is over. We lost.

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>I made money in 2017 and lost money in 2018.
So you're paying taxes every couple of years?

>lol some of the boomers in here who don't understand how this work are going to get super fucked if they traded on any exchange which has USD pairing.
Yup, that shit scares me the most though, I did a lot of research on the tax system for capital gains in Germany and it is way more forgiving than the American system. I still sent the Finanzamt an email asking them how it all works. I lost 50% on my small 500 Euro investment so I don't think I will be fucked if I am late since I won't be paying any taxes anyway.

The fight is happening now and we haven't given up. Time to find out what a bunch of desperate nerds with groundbreaking tech can do.

>capital gains in Germany
but bitcoin gains aren't capital gains in Germany (unless it's a BTC fund)

no, in burgerland you pay taxes in march for the previous year. So in april of 2018, I had to pay taxes for 2017. I lost money in Jan/Feb of 2018, but still owned taxes for hundreds of thousands of dollars of cap gains for 2017.

whoops, I mean in april. you pay taxes in april for the previous year.

I don't know what it is called, but I know that you have to pay 25% for any gains you make beyond 600 Euros, assuming you sell within a year, otherwise you can go tax free if you hodl.

>still owned taxes for hundreds of thousands of dollars of cap gains for 2017.
i might be a brainlet, can you show me a practical example? I still don't get why you have to pay tax even if you are at a net loss.

I can get where you're coming from as I'm in a similar position of being down substantially from my ATH while still having cashed out more than my initial investment. Thing is that you really need to focus and put it into perspective. You never had enough to just cashout and enjoy easy street, $200k would definitely be nice but it wouldn't make you a made man and you did cashout with more gains than you would have had in traditional markets.

Just remind yourself to keep perspective and attempt to focus on your realized gains instead of what your maximum paper profits were. I know that this advice is completely cliche but it doesn't make it any less true. Also evaluate your eating and exercise habits and see if there's any issue there, poor nutrition and lack of exercise have a substantial effect on mental well-being.

>entire thread is about OP being a weakminded weakwilled faggot with addiction problems
>muh chink scam
Boohoo

>i might be a brainlet, can you show me a practical example? I still don't get why you have to pay tax even if you are at a net loss.

>invest $5k into 5 bitcoin at $1k
>trade 5 bitcoin for shitcoin when bitcoin is $20k in December
>in our tax system you just realized $100k of profit even though you didn't go to fiat
>BTC crashes and shitcoin crashes relative to bitcoin
>you've had a loss for 2018 but you can't carry that loss backwards to your 2017 taxes
>cry because you can barely afford to pay the tax

>$100k
I mean $95k but I'm sure my point is obvious.

>in our tax system you just realized $100k of profit even though you didn't go to fiat
So to avoid this issue, you have to cash 30% or whatever whenever you make a gain in your transaction, right?

Let's just say I make 100k in 2017. On Dec 31st, 2017 I have 100k all short term capital gains. I now owe taxes on that 100k for 2017. I don't have to pay these taxes until april. If you lose money between Jan-April, you still owe the money from your gains in 2017.

kek if only I had to pay 30%, my tax rate was closer to 43-44% after state tax and added medicare bullshit tax.

>Shekelberg is asking for almost 50% of your income for Israel's reparations.
I think it is time for you to move to yuroop. they ask for less reparations here.

yea I felt disgusted at the amount of tax I had to pay (percentage wise) while I see people getting free college education because their parents are "poor" and these NEETS literally living off of welfare probably with more amenities than my parents could have afforded me as working class people growing up.

No, you pay full tax rate (not the reduced 25%) if you sell before a year, because it's not capital gains. Capital gains don't even have that one-year rule.

Send me a link mein Brüder.

Yeah, should take out cash whenever you make a transaction(or at least at EOY) but most people invested in crypto were novice investors who didn't understand how it works.
>medicare bullshit on capital gains
You don't pay medicare on capital gains.

z.B. winheller.com/bankrecht-finanzrecht/bitcointrading/bitcoinundsteuer.html

I had 150k at ATH, worth 40k now :(

Sucks...

This thread is so full of cuckery I can’t believe it. I’m down 350k and still owe 20k in loans for my initial investment, down to 70k and probably owe 10-15k in taxes, all in alts

And you know what? Not even scared. You guys didn’t seriously put your money in something you don’t believe in, right?

This shit is going back up. Hope you jelly handed faggots didn’t quit your day jobs. We’re all going to make it.

The absolute state of bagholders trying to cope.

"Mah investment will go back up"

"Mah internet monies"

If you bought gold in 1979-1980 it took 27 years to see a ROI, and Bitcoin is digital gold.

I'm sure most people believe, they're still in, but the market is disheartening.

I went from 5k, to 60k, to now 20k. I was too dumb and ignorant to sell. I know it doesn't sound like a lot, but a decade worth of living expenses gone, while I could've pursued my dreams, instead of nosebergs dreams.

>>medicare bullshit on capital gains
>You don't pay medicare on capital gains.
???
Pretty sure you do if you have an income over 200k which I did. sounds like you didn't earn over 200k on your investments which is why you say this xD

>Pretty sure you do if you have an income over 200k which I did. sounds like you didn't earn over 200k on your investments which is why you say this xD
True, I only had realized gains of $140k last year.

it all goes away when you sell everything. you might as well because "crippling anxiety" wont allow you to make rational trades

>I literally feel like my heart is going to explode out of my chest and that I'm being choked constantly the majority of the time most days, and it's all in my mind.

Wtf I have/had something similar I think. Sometimes it feels like I can't breath completely or something? Panic attack? Had it ever since I got into crypto late last year but for me it was more about realizing how much easy gains I missed because I ignored crypto for so long. I think it's getting better a little but I still feel pretty shitty most of the time.

are you all larping? I was at like $15k+ at my ath now at like $$3k.. feels shitty but im not gonna let it ruin my life. I got dropshipping and online businesses to run

>implying anyone wants to "let" it ruin their life
>IQ literally too low to understand how mental disorders work

Reading all this I feel relieved that I stayed in the stock market the entire time.

Lol I had 650k ATH sand I’m now down to 80k so proportionately almost as bad as you are, but the worst I feel is just a bit sad. And I’m drowning in debt and filing job applications, so you need better coping skills. Yes it sucks, hindsight is 20/20 blah blah blah

coinbase token announcement when. pls respond

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Same here . Worth 5 k

I don't know about other people, but I'm not larping. I used to think these big number people were larpers until I made 100s of ks myself.

>I don't need a new car. I wanted to be free, and I believed it was going to happen.

This happened to me. I owned 20K Ethers in the presale (from a huge loss before). Broke even, cashed out a year later they would have been worth 10mil.

You get up everyday and it gets better. Next time you walk into a market you understand yourself better - you only have to make the mistake you made once.

I am already accepting of the fact that I lost everything while being the most braindead hodler and top buyer you can imagine. From now on I'll never do risky investments again and put all my money in the most boring index funds you can imagine. Fuck it. First time trying to make money of my savings and I failed hardcore. Lessons learned, better now than never dude. You're making your first experiences handling money and it's a whole lot of new feelings you need to learn to accept and deal with. High volatility markets are fucking gambling in the end. I mean I was x3-4 ath of my initial investment now I am broke. The lesson here is that this market is just fucking ponzi scheme musical chairs and the most vile people are those who pretend this isn't the case. Like 2-3 of 1000 projects have a legit chance of becoming something real like BTC going from nothing to still impressive 5k. You won't invest in those, I didn't invest in those. Most people here didn't. I find comfort in the fact that some people here with big portfolios are losing tens to hundreds of thousands while I lost objectively peanuts in comparison.

Heh I only now read the OP. Looks like you're my comfort boy. KYS FAGGOT FOR LURING ME INTO THIS FUCKING SHIT AND BEING TOO DUMB TO DUMP AT THE TOP BEAT YOURSELF AT YOUR OWN GAME

This isn't your fucking free therapy board you pathetic sack of shit

Shit man I hear you. I have to do something similar. I should have cashed out on the last run up to 10K a few months ago but got dumb and greedy. This time around I'll have to do the same, sell off 90% of my portfolio and start over. Sigh. What was the point of a whole year of stress just to give it all to Uncle Sam

Do you like in commiefornia like me? lol I was living in LA and was living the high life, came up 350K in crypto. Then it all crashed and I'm fucked and underwater with IRS.

So you sold 90% of your crypto? You kind of bummed you basically have to trade your way up again? I don't know if we'll have moon missions like that again.

>I literally feel like my heart is going to explode out of my chest and that I'm being choked constantly the majority of the time most days, and it's all in my mind.
I know how you feel user
Crypto is really really hard on mental health.